MANAGE YOUR ACCOUNT

APPLICATION CRITERIA

Information

Min Age:0 years

Max Age:
N/A

Taxation:

How safe is your money

The first £85,000 per person, per UK banking licence, is protected by the Financial Services Compensation Scheme (FSCS). If you have also borrowed from the failed bank or building society, the compensation will not be reduced to repay your debt. Separate arrangements will be made for this. Some banks and building societies share the same banking licence. Where this is the case, your deposit protection is across all the companies sharing the licence, not each individual company. Deposits of small companies, partnerships and charities are also covered by the UK scheme, up to the £85,000 limit.

This bank/building society shares its compensation limit with no other bank or building society.